Market Values: The Telecom Expense Management (TEM) Market, valued at US$ 3.41 Bn. in 2022, is projected to witness a remarkable growth trajectory, reaching nearly US$6.86 Bn. at a CAGR of 10.5% from 2023 to 2029.
Report Scope: The report delves into the dynamic landscape of the Telecom Expense Management market, offering insights into market dynamics, segment analysis, and regional trends. It covers various aspects such as solution segments, end-user industries, and key players.
Research Methodology: The research methodology employed for this report includes a comprehensive approach to gather and analyze industry data. Utilizing primary and secondary research sources, the report presents a detailed understanding of market trends, challenges, and opportunities.
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Dynamics: Telecom Expense Management has become imperative for businesses globally, driven by the increasing demand for efficient expenditure management methods. The report explores market dynamics, emphasizing trends such as the integration of mobile devices into telecom networks and the impact of the COVID-19 pandemic on cost management strategies.
Regional Insights: The North American region is anticipated to dominate the Telecom Expense Management market, holding a market share of 42% by 2029. The presence of key players, the surge in remote working, and government adoption of TEM solutions contribute to the region’s significant market share.
Market Segment Analysis: Solution Segments: The market segments include Sourcing Management, Reporting and Business Management, Dispute Management, Usage Management, Invoice Management, Ordering and Provisioning Management, and Others. The Invoice Management segment is poised for rapid growth, driven by benefits such as streamlined invoice processing and error prevention.
End-User Industries: The market caters to various industries, including Banking, Financial Services, and Insurance (BFSI), Consumer Goods and Retail, Healthcare, Manufacturing, IT and Telecom, Media and Entertainment, Transportation and Logistics, and Others. The BFSI segment is expected to lead, with a focus on telecom expenditure management services for competitive advantage.
Conclusion: The report provides a comprehensive analysis of the global Telecom Expense Management market, offering stakeholders valuable insights. The coverage includes market trends, competitive analysis, and future projections, making it an essential resource for decision-makers in the industry.
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Telecom Expense Management Market, Segmentation:
by Solution
Sourcing Management
Reporting and Business Management
Dispute Management
Usage Management
Invoice Management
Ordering and Provisioning Management
Others
by Service
Hosted
Licensed Software
Managed Services and Complete Outsourcing
Telecom Expense Management Market, Key Players:
1. Vodafone Global Enterprise
2. Dimension Data
3. IBM
4. MDSL
5. Tangoe
6. Accenture
7. CGI
8. CSC
9. Econocom
10. Valicom
11. Anatole
12. Calero Software LLC
13. Asentinel
14. Quickcomm Software Solutions
15. Rivermine
16. ProfitLine
17. MBG
18. Invoice Insight
19. Avotus
20. WidePoint Solutions Corporation Inc.
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Table of content for the Telecom Expense Management Market, includes:
- Global Telecom Expense Management Market, : Research Methodology
- Global Telecom Expense Management Market, : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Telecom Expense Management Market, : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size and Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by growth and trend
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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